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The Money Blogs is the source for Blogs about the latest financial and stock market news with rss feeds

FINTAG COMMENT Fiddling. Now the US has decided to interfere with capitalism by ramming a huge lever into the largest cog of all, the unexpected rears its ugly head. Banks don't want any government bail out money and are trying to hand it back. They are however hampered by the small print of the ... Read more

I woke up this morning, and the sunrise came up a deep shade of red. In their latest bid to save the market from certain ruin, the Federal Reserve has committed $85 billion dollars over a 2-year period to bail out the crumbling insurance titan , American International Group (AIG). In return f ... Read more

Here are a couple of unrelated stories, one on Harry Markopolos, the man who on 4 occasions tried to convince the SEC of Bernie Madoff's Ponzi scheme, the second on how Geithner used a fictitious "Trust" to accomplish an illegal takeover of AIG. ... Read the full post ... Read more

A deal for UK insurance company Prudential to buy AIG’s (AIG) large Asia insurance firm for $35.5 billion will be announced today. That should be a relief for US taxpayers who have invested $182 billion in the AIG bailout. Most of the proceeds of the sales should go directly to the ... Read more

In 2008, AIG took a lot of heat for some of its free-spending practices at a time when the company was relying on the government for billions in bailout money. So this past September the company came out with a 5-page “ luxury expenditure policy ” that addressed some of the key areas of abuse li ... Read more

These are this morning’s top day trader and active trader alerts seen in the pre-market trading hours.  We also included some options color from yesterday.  A link has been provided for more detailed analysis and data for each stock over at VSInvestor.com: American International Group, Inc. ... Read more

FINTAG COMMENT Hold my hand. Today I steer you through the extraordinary turn of events that is making the last 2 years a bad dream. We have disgraced Fred Goodwin back, Madoff out of prison, credit funds in vogue and the ratings agencies are back in favor. Not only that but AIG is back in the bl ... Read more

American International Group Inc. (NYSE: AIG) looks to be in the soup again.  Reports of two top executives in Paris quitting the firm may leave AIG with a big black hole that could end up triggering defaults in vast amounts in trading contracts.  This is far from certain, but the amount b ... Read more

Our government paid $173 billion for 80% of AIG, . Our Congresspeople are outraged over $165 million of bonuses. There's a lot more to be outraged over -- like who got the $173 billion. At the top of the list -- surprise, surprise -- is Goldman Sachs, the same place our previous Treasury Secretary H ... Read more

Before I sign-off for the week, I had to post a funny video. John Oliver from TDS at an AIG protest...well, kind of. And watch closely at the 1:30 mark and you will see Dinosaur Trader make a cameo. Follow the link below for video posted by Trader X. ... Read the full post ... Read more